DEV Community

Cover image for Testing a Crypto Exchange: Key Things to Understand
Maric Run Test
Maric Run Test

Posted on

Testing a Crypto Exchange: Key Things to Understand

If you're a QA stepping into the crypto world, testing a Centralized Exchange (CEX) platform is both exciting and challenging.

This post walks you through key concepts and areas you must understand before testing a CEX platform effectively:

๐Ÿง  What is a CEX?

CEX stands for Centralized Exchange, a type of cryptocurrency platform where users create an account, go through identity verification (KYC), and perform trading directly through the system controlled by the exchange.


๐Ÿงฉ Key Modules Testers Should Understand in a CEX

Here are the core flows you'll most likely be testing:

1. ๐Ÿงพ Account & Authentication

  • Sign up, login, reset password
  • Two-Factor Authentication (2FA)
  • Session/token management
  • Rate limiting (prevent brute force attacks)

2. ๐Ÿง KYC Verification

  • Upload documents: ID card, passport, selfie
  • Different KYC levels and statuses (Pending / Approved / Rejected)
  • Validations for file format, size, clarity
  • Error handling and notification messages

Example Test: What happens if I upload a blurry passport photo? Is the rejection reason clear?

3. ๐Ÿ’ฐ Wallet & Balance

  • Deposit & withdrawal flows
  • Balance updates in real-time
  • Display of available vs frozen funds
  • Blockchain transaction hash display

Example Test: Does the wallet balance update correctly after a failed withdrawal?

4. ๐Ÿ“ˆ Trading Engine

  • Placing Market / Limit / Stop orders
  • Order book updates in real-time
  • Slippage handling and fee calculation
  • Cancel / Edit open orders

Example Test: What if I place a Market Buy with insufficient balance?

5. ๐Ÿงฎ Market Info & Charts

  • Price updates and volume display
  • Real-time candlestick charts
  • Refresh behavior and chart syncing

6. ๐Ÿ” Security

  • Password rules, session timeouts
  • Detect suspicious behavior (e.g. multiple logins)
  • Frontend and API error masking (no sensitive info leaked)

๐Ÿงช What Makes Testing CEX Platforms Unique?

Unlike typical e-commerce or web apps, CEX platforms involve real money, fast-paced transactions, and legal compliance. That means:

โœ… Small bugs = big risks (funds may be lost)

โœ… Real-time testing is crucial (prices, balances, trades)

โœ… Tester must understand both UI and business logic

โœ… Need for test data planning (fake KYC, sandbox wallets)


๐Ÿ’ก Final Thoughts

Testing a crypto exchange like Coin12 isnโ€™t just about checking buttons and forms. Itโ€™s about thinking like a real user, understanding financial flows, and making sure everything works safely and accurately.

The more you understand the business logic behind trading, the more valuable youโ€™ll become as a QA in this field.

Top comments (0)